Athens, OH Entrepreneur Gets SBA Loan to Buy Bw-3 buffalo Wings And Weck Franchise

Borrowing money to buy a Bw-3 buffalo Wings And Weck franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Bw-3 buffalo Wings And Weck franchise shouldn't be overly burdensome. In 2000, Wachovia Sba Lending, Inc. issued an SBA franchise loan to an entrepreneur in Athens, Ohio. Because Bw-3 buffalo Wings And Weck was registered with the SBA's registry of franchises, this Ohio small business loan was issued on an expedited basis.

SBA Loan Borrower

BW-3 GRILL & BAR
ATHENS, OH 45701

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5813 - Drinking Places

NAICS Code

722410 - Drinking Places

Loan Approval Date

5/31/2000

Loan Approval Gross Amount

$559,000

Loan Approval from the SBA

Of the total $559,000 loan amount, the SBA guaranteed $392,473.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Bw-3 buffalo Wings And Weck franchise. At the time of the loan, the company had 34 employees. The loan application indicated that the loan would help generate 36 new jobs and retain 34 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Wachovia Sba Lending, Inc. had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Wachovia Sba Lending, Inc. made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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